Key Points
- General Counsel Brian Camire sold 101,209 shares on Feb. 18 at an average price of $0.68 for about $68,822, trimming his stake by 5.49% to 1,741,653 shares (≈$1.18M).
- WM Technology shares were trading down 2.4%, opening at $0.67 with a 12‑month range of $0.66–$1.48; the company has a market cap of $105.48M and a P/E of 9.59.
- Weiss Ratings downgraded WM Technology from "hold (c-)" to "sell (d+)," while the MarketBeat consensus remains "Hold" with an average price target of $2.61.
WM Technology, Inc. (NASDAQ:MAPS - Get Free Report) General Counsel Brian Camire sold 101,209 shares of the firm's stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $0.68, for a total transaction of $68,822.12. Following the completion of the sale, the general counsel directly owned 1,741,653 shares in the company, valued at approximately $1,184,324.04. This trade represents a 5.49% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
WM Technology Trading Down 2.4%
Shares of WM Technology stock opened at $0.67 on Friday. WM Technology, Inc. has a 12-month low of $0.66 and a 12-month high of $1.48. The company has a market cap of $105.48 million, a P/E ratio of 9.59 and a beta of 1.23. The company's fifty day simple moving average is $0.82 and its two-hundred day simple moving average is $0.98.
Analysts Set New Price Targets
Separately, Weiss Ratings lowered WM Technology from a "hold (c-)" rating to a "sell (d+)" rating in a report on Monday, December 29th. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $2.61.
Check Out Our Latest Research Report on WM Technology
Hedge Funds Weigh In On WM Technology
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Centiva Capital LP purchased a new stake in shares of WM Technology in the third quarter valued at $31,000. Virtu Financial LLC purchased a new position in shares of WM Technology in the 3rd quarter worth approximately $32,000. OLD Mission Capital LLC purchased a new position in WM Technology during the 4th quarter worth $27,000. Bank of America Corp DE raised its position in shares of WM Technology by 54.9% in the 3rd quarter. Bank of America Corp DE now owns 36,989 shares of the company's stock valued at $43,000 after purchasing an additional 13,116 shares during the last quarter. Finally, NewEdge Advisors LLC purchased a new position in WM Technology in the 2nd quarter worth $42,000. 22.02% of the stock is owned by hedge funds and other institutional investors.
About WM Technology
(
Get Free Report)
WM Technology, Inc is a software-as-a-service provider that delivers cloud-based solutions to the wealth and asset management industry. The company's platform is designed to support financial advisors, broker-dealers and registered investment advisors with digital investment advice, portfolio management, performance reporting and compliance monitoring.
WM Technology's product suite includes tools for streamlined client onboarding, interactive financial planning, automated portfolio rebalancing and tax-aware investment strategies.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
